Active
MLS# B1721756
$259,900
Price
5
Beds
-
Baths
8,287
Living Area (Sq.Ft.)
0.43
Lot Area (Acres)
$259,900
Price
5
Beds
-
Baths
8,287
Living Area (Sq.Ft.)
0.43
Lot Area (Acres)
**FIVE-UNIT INVESTMENT OPPORTUNITY WITH PLENTY OF POTENTIAL!** Welcome to 117 Kirby Avenue in Lackawanna, NY! Whether you're beginning your real estate investment journey or looking to expand an established rental portfolio, this substantial multifamily property offers an opportunity to build long-term value. <br> <br>Featuring approximately 8,287 square feet on a generous 0.43-acre corner lot, the property consists of five apartments: one 4-bedroom, 1-bath unit, three 2-bedroom, 1-bath units, and one 1-bedroom, 1-bath unit, providing a total of 11 bedrooms and 5 bathrooms. This versatile unit mix offers a variety of rental configurations within one property. <br> <br>The building features spacious living areas, individual kitchens and bathrooms, and a combination of interior finishes and original character throughout. A full basement and driveway provide additional functionality, while the property's considerable size presents opportunities for cosmetic improvements and future upgrades. <br> <br>For those entering the investment market, this property offers the opportunity to establish a five-unit rental portfolio with a single purchase. Experienced investors will appreciate the number of units, substantial square footage, and potential to improve rental appeal and long-term value. <br> <br>Conveniently situated near Electric Avenue with access to shopping, restaurants, public transportation, and major roadways. Whether your goal is to establish rental income, renovate and reposition a property, or continue growing your portfolio, **117 Kirby Avenue offers the space, flexibility, and opportunity to make it happen!**
Status
Active
Property Type
MultiFamily
Property Sub Type
Other
Year Built
1900
Parcel Number
140900-142-620-0007-009-100
Unit Number
--
Subdivision Name
Buffalo Crk Reservation
Lot Features
Irregular Lot
Levels
Two
Lot Size Dimensions
133X140
Stories
2
Community Features
None
Property Condition
Resale
Elementary School District
Lackawanna
Middle Or Junior School District
Lackawanna
High School District
Lackawanna
Location

Listing Agent
John C Brady
Listing Office
Gurney Becker & Bourne
Owner Name
--
Owner Phone
--
Possession
Closing,RentalAgreement
Special Listing Conditions
Standard
Listing Terms
Cash, Conventional, Rehab Financing
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2026-10-12
Tenant Pays
AllUtilities
Gross Income
41000
Net Operating Income
11385
Fire Places Total
0
Flooring
Hardwood, Varies
Heating
true
Heating Features
Gas, Radiant
Appliances
Appliances Negotiable, Gas Water Heater, See Remarks
Garage
true
Garage Spaces
1
Exterior Features
Blacktop Driveway
Water Source
Connected, Public
Sewer
Connected
Roof
Asphalt
Utilities
Electricity Connected, Sewer Connected, Water Connected
Parking Features
Three Or More Spaces, Garage
Basement
Full
Construction Materials
Shake Siding

Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
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The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.